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Announced

HelpSystems to acquire Alert Logic.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

Single Bidder

managed detection

United States

Software

Domestic

Majority

Pending

Acquisition

Synopsis

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HelpSystems, a provider of information technology management software and services, agreed to acquire Alert Logic, a provider of managed detection and response services. Financial terms were not disclosed. “The lack of skilled cybersecurity professionals means enterprises everywhere are increasingly looking to outsource this function to a reliable partner. Alert Logic is a respected leader in this capacity, and we’re so pleased to welcome this team of experts to the HelpSystems family,” Kate Bolseth, HelpSystems CEO.

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